Ad hoc disclosures

Business transactions in December 2012; as of annual financial statement 2011

The Executive Board of Alexanderwerk AG (ISIN DE0005032007/WKN 503200) expects that the realization of business transactions in December 2012, in particular the delivery and acceptance of machinery and mechanical systems and the resulting income, will result in a positive operating result (result from ordinary activities) and a net annual income – compiled based on German Commercial Code (HGB) accounting – in the 2012 financial year. At present, the accounting presentation of the above-mentioned business transactions has not yet been finalized. The Executive Board expects (provisionally and based on the documents available to them) that the 2012 annual financial statements will show an operating result from ordinary business activities in the range of approx. EUR 0.7 million to approx. EUR 1.2 million and net income in the range of approx. EUR 0.4 million to approx. EUR 0.9 million.

The Executive Board is not yet in a position to make a reliable assessment of the Group's key financial figures for the 2012 financial year.

With regard to the financial years 2010 and 2011, the auditors have so far been unable to finalize the annual audits; the same applies to the audits of the consolidated financial statements.

The Executive Board of Alexanderwerk AG has just finalized the 2011 annual financial statements – also against the background of the accounting obligations under commercial law. The statements have been compiled based on the fact that Alexanderwerk AG is structured as a financial and management holding company (see also ad hoc disclosure dated November 19, 2010). Therefore, the key financial figures of the individual financial statements of Alexanderwerk AG for the 2011 financial year are not comparable as such to those of previous years. The corresponding Group key financial figures for the 2011 financial year are currently not yet available.

In the course of the above-mentioned preparation of the balance sheet, the operating result from ordinary business activities for the financial year 2011 amounted to minus approximately EUR 1.2 million and a net loss for the year – compiled based on HGB accounting – amounted to (minus) approximately EUR 2.0 million. The latter includes extraordinary expenses of approximately EUR 0.9 million, which were incurred in the course of the deconsolidation/sale of AlexanderSolia GmbH and which were originally intended to be included in the 2010 annual financial statements. Accordingly, Alexanderwerk AG still shows a (provisional) negative net trading equity as of December 31, 2011 in the amount of approx. EUR 4.15 million.

Alexanderwerk AG expressly notes that the above-mentioned key financial figures are preliminary, unaudited financial figures that have not been finally audited or attested by the respective auditors and that they may deviate from the annual financial statements yet to be adopted.

Remscheid, January 8, 2013

Alexanderwerk AG
Executive Board